Bloomberg Businessweek

The Truth About the Gig Economy

Everyone knows U.S. workers are constantly swapping jobs. So why is the data telling a different story?

Justin Fox

As you’ve surely heard—and perhaps experienced firsthand—American jobs aren’t what they used to be. Corporations long ago stopped being a source of secure employment. Workers have responded by jumping from job to job and reinventing their careers. Loyalty is out the window. Before long the very idea of a “job” itself may be history, too, with fleeting gigs as independent free agents, or maybe just robots, taking its place.

At least, that’s the frequently told story. So why is it that so much of the data seems to contradict it? To wit:

The median number of years that wage and

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